Latest in Pakistan scraps plan for tax on banks’ bumper profits
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Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - 2h -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - 8h -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - 8h -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - 18h -
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Honk if You Understand This Obscure Bumper Sticker
Gone are the days of “Coexist” or “This car climbed Mt. Washington.” Bumper stickers have lately gotten a lot weirder, and much more niche.The New York Times - Dec. 27 -
How soon can you file your 2024 income-tax return? Here’s your 2025 tax-season road map.
Tax season is just around the corner and it’s never too early to get startedMarketWatch - 4h -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - 15h -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - 1d -
Steep costs of Irish reunification deter Dublin despite tax windfall
Ending division between north and south could lead to €20bn bill every year for two decadesFinancial Times - 1d -
Rickelton hits 259 as SA take control against Pakistan
Ryan Rickelton moves joint-seventh in South Africa's all-time top scorers in a Test innings after hitting 259 in the second Test against Pakistan.BBC News - 2d -
DraftKings tests a subscription service as it looks to offset high New York taxes
DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.CNBC - 2d -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - 3d -
A(nother) Government Plan for Social Care
Health and Social Care Secretary promises to "grasp the nettle on social care reform”BBC News - 3d -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - 3d -
Shunned and shamed, Pakistan’s trans community finally gets help for TB
Often forced into sex work, trans people are at higher risk of tuberculosis but face abuse when they seek treatment. Now screening and outreach work are helping tackle the disease. Two years ago, ...The Guardian - 3d -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - 3d -
A Long Fight to Keep a Closer Eye on Madrasas Unravels in Pakistan
In a deal with Islamist parties, Pakistan is abandoning a requirement that religious seminaries, long seen by Western officials as a potential threat, register with the government.The New York Times - 3d -
Help! Ryanair Won’t Send Flight Compensation to a U.S. Bank Account
After being grounded for 12 hours in Berlin, a mother and daughter were owed both compensation and a rebooked flight. All they got were nonsensical responses from customer service.The New York Times - 3d -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - 3d -
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UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - 3d -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - 3d -
Why you should open a CD with an online bank this January
Most banks and credit unions offer CDs, but opening one with an online bank could make a lot of sense right now.CBS News - 3d -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - 4d -
Plymouth scrap documentary about relegation fight after Rooney’s exit
Project driven by Wayne Rooney and his advisers Production company made Coleen Rooney documentary Plymouth have scrapped plans to make a documentary about their battle against relegation from ...The Guardian - 4d -
Palestinian Authority suspends Al Jazeera TV channel in West Bank
The Foreign Press Association has said the move "raises serious questions about press freedom".BBC News - 4d -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - 4d -
The Palestinian Authority Takes on Hamas Militants in West Bank Power Struggle
Weeks of deadly fighting have marked the most serious clashes between Palestinian factions in years.The Wall Street Journal - 4d -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - 4d -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - 4d -
Drone footage shows collapsed Cheshire canal bank triggering flood
The aqueduct collapsed and flooded surrounding field after heavy rainfall.BBC News - 4d -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - 5d -
Truck used in New Orleans attack was flying large black flag from rear bumper, authorities say
New information is coming out about the truck attack in New Orleans early on New Year's Eve that killed at least 10 people. Law enforcement officials have confirmed to CBS News that the truck ...CBS News - 5d -
Tensions Escalate After Pakistan Pounds Afghanistan With Airstrikes
Pakistani leaders were once friends of the Taliban in Afghanistan. Now, cross-border violence has become alarmingly frequent.The New York Times - 5d -
Pakistan, India conduct annual exchange of lists of nuclear assets
Pakistan's Foreign Ministry said it has exchanged lists of nuclear facilities with India as part of a bilateral pact that bars them from attacking each other’s nuclear facilitiesABC News - 5d -
Pakistan and India conduct annual exchange of lists of nuclear assets under bilateral pact
Pakistan's Foreign Ministry said it has exchanged lists of nuclear facilities with India as part of a bilateral pact that bars them from attacking each other’s nuclear facilitiesABC News - 5d -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - 6d